KUALA LUMPUR: AT Systematization Bhd’s unit AT Engineering Solution Sdn Bhd will acquire all 127.896 million shares in Asdion Bhd for a cash offer price of 50 sen per share.
In a filing with Bursa Malaysia, the machinery industry company said the offer was undertaken to gain statutory control of Asdion and to participate as a controlling shareholder in the businesses of the Asdion group (if the offer is successful).
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